The Final Countdown - Speculation on Irish bailout EU/IMF


#441

What **other **challenges were there?


#442

independent.ie/business/iris … 32087.html

Splurge in spending and debt levels raises new questions on bailout exit


#443

Strange one from the Indo, usually trying to push positivity to infer house prices will rise

Obviously couldn’t resist a kick at a non-FF government

Edited to add: They’ll have a field day if (when IMO) we need Bailout II. FG/Labour blew it etc conveniently forgetting who lead us into Bailout I


#444

well with all the money printing chasing yield they might not need a bailout straight away.

The interest payments would be the easisest to cut, chances of that happening zero

NWL had an article on this a while back

namawinelake.wordpress.com/2013/ … t-on-debt/

apart from the promissory note debacle buying short term relief for long term disater the interest bill is still huge

IT take on it
irishtimes.com/business/sect … -1.1468277
The bill in 2012 was 6.5 billion in a year when the state borrowed 18.5bn. So the state has to borrow $ to pay the interest, good stuff, paying interest on interest! in these sorts of situations u probaly better engaging in some sort of default and freezing interest payments until economy improves

NTMA

irishexaminer.com/business/n … 37331.html

interest rates of 3.84% at present , ireland fully funded for 12 months. the last time i heard that was a few months before ireland signed up to teh troika